Global Operating Room Integration Market Surpass US$ 1.58 Billion by 2020 | CAGR 11%
Ameco Research Analyst suggests that the worldwide market for operating room integration will increase at a CAGR of more than 11% throughout the forecast period, with a market size of 1.58 Bn in 2020.
“Integration” in the context of an operating room refers to the functional connection of the OR environment. Patient information, audio, video, surgery, room lighting, building automation (HVAC), and medical equipment are all included. Users may effortlessly route audio and video sources while also controlling surgical equipment. When all technology is interconnected, one operator can control it all from a central command console. OR Integration links technology, information, and people across the hospital to build a custom-built system that decreases reliance on transportable equipment. Staff in the OR have unlimited access to patient information archives and resources thanks to innovative audio-visual technologies like multi-image touchscreen screens and real-time monitoring systems. This creates smarter interconnectivity with the outside world, which improves clinical results and reduces traffic entering and exiting the sterile operating area.
The rising adoption of minimally invasive surgical procedures escalates the demand for global operating room integration market
An increase in the number of minimally invasive surgeries is one of the key factors driving the growth of the market. The IOR is most commonly utilized in minimally invasive surgery, such as endoscopic and laparoscopic operations, and there are various distinct systems and vendors on the market right now. The IOR combines numerous OR systems and technologies so that they may all be controlled from a single touch panel, which is frequently positioned in the sterile field. The surgeon or surgical nurse can use the touch screen to control many functions in the OR, such as the operating and ceiling lamps, as well as make continuous and rapid modifications to the surgical equipment. Information from the electronic patient record, such as medical records, blood sample answers, and imaging data, can also be retrieved and displayed on the sterile field’s monitors.
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Given the rapid growth of minimally invasive surgery and robotic surgery, integration in OT is a technology to be reckoned with. In addition, the growth of hybrid OT in hospitals has prompted integration in OT to ensure its seamless operation. In reality, all of the OTs in a new or future facility, regardless of whether they are standard or hybrid OTs, should be developed with integration in mind. Integration in OT not only improves efficiency and patient safety in healthcare delivery but also has the potential to improve efficiency and effectiveness in education and research.
Global Operating Room Integration Market Classification
The operating room integration market is divided into five categories such as device type, component, application, end-use, and regions. The device type segment can be categorized into audio-video management system forceps, display system, and documentation management system. Among them, the documentation management system accumulated the largest market share in 2020. The component segment is comprised of software and services. The software component is expected to lead the segment with the maximum share in 2020 due to several benefits linked with its use. General surgery, orthopedic surgery, neurosurgery, and others are the categorization of application segments. In 2020, general surgery accounted for the largest market share owing to the growing number of chronic disorders, increasing number of surgical procedures, and rising adoption of MIS technology. Based on end-use the segmentation is given as hospitals, and ambulatory surgical centers (ASCs). Among them, the hospitals’ segment generated the highest revenue while the ambulatory surgical centers (ASCs) are expected to attain the fastest growth during the forecast period 2021 – 2028.
North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa are the regional categorization of the global Operating Room Integration market. In 2020, North occupied the maximum market share due to the mounting need for efficient healthcare services, the existence of established market players, and growing investments by public and private organizations in the healthcare sector. The Asia-Pacific operating room integration market is expected to register the fastest CAGR throughout the forecast timeframe 2021 – 2028. The increase in the number of chronic disorders, and developing healthcare infrastructure are the primary factors driving the Asia-Pacific market. Furthermore, the rising number of MIS procedures and increasing demand for sophisticated medical devices in countries such as China, Japan, and India are also expected to propel the APAC market in the coming years.
The top players offered in the report include Barco, Stryker Corporation, Brainlab AG, Olympus, Dragerwerk AG & Co. KGaA, Getinge AB, Steris, Care Syntax, KARL STORZ SE & CO. KG, and Trilux Medical GmbH& Co.KG. Many players are involved in strategic business development activities to compete in the intense market.
For instance, in 2019, Karl Storz Endoscopy-America, Inc. signed a strategic arrangement with Defense Logistics Agency and American Medical Depot (US) with the goal was to provide military and federal civilian organizations with integrated operating room components.
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